PagSeguro Digital (BSP:PAGS34) Cyclically Adjusted Revenue per Share: R$8.21 (As of Mar. 2026)


BSP:PAGS34 PagSeguro Digital Ltd BSP:PAGS34
86 GF Score
Price R$9.26
GF Value R$12.01
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is PagSeguro Digital Cyclically Adjusted Revenue per Share?

PagSeguro Digital BSP:PAGS34 +1.20% 86 Cyclically Adjusted Revenue per Share is R$8.21 as of Mar. 2026. GuruFocus rates BSP:PAGS34 with a GF Score™ of 86/100 and a GF Value™ of R$12.01 (Modestly Undervalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

PagSeguro Digital's adjusted revenue per share for the three months ended in Mar. 2026 was R$3.539. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$8.21 for the trailing ten years ended in Mar. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2026-07-12), PagSeguro Digital's current stock price is R$9.26. PagSeguro Digital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$8.21. PagSeguro Digital's Cyclically Adjusted PS Ratio of today is 1.13.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of PagSeguro Digital was 1.42. The lowest was 1.08. And the median was 1.17.


PagSeguro Digital  (BSP:PAGS34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

PagSeguro Digital's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=9.26/8.21
=1.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 12 years, the highest Cyclically Adjusted PS Ratio of PagSeguro Digital was 1.42. The lowest was 1.08. And the median was 1.17.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


PagSeguro Digital Cyclically Adjusted Revenue per Share Related Terms


PagSeguro Digital Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for PagSeguro Digital's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PagSeguro Digital Cyclically Adjusted Revenue per Share Chart

PagSeguro Digital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

PagSeguro Digital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 8.21

BSP:PAGS34 vs ATEN, PAYO, STNE: Cyclically Adjusted Revenue per Share Comparison

For the Software - Infrastructure subindustry, PagSeguro Digital's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PagSeguro Digital Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, PagSeguro Digital's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PagSeguro Digital's Cyclically Adjusted PS Ratio falls into.


BSP:PAGS34
86GF Score
PagSeguro Digital Ltd BSP:PAGS34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PagSeguro Digital Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, PagSeguro Digital's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.539/330.2130*330.2130
=3.539

Current CPI (Mar. 2026) = 330.2130.

PagSeguro Digital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 234.812 0.000
201512 0.000 236.525 0.000
201612 0.291 241.432 0.398
201703 0.342 243.801 0.463
201706 0.425 244.955 0.573
201709 0.524 246.819 0.701
201712 0.634 246.524 0.849
201803 0.622 249.554 0.823
201806 0.651 251.989 0.853
201809 0.725 252.439 0.948
201812 0.766 251.233 1.007
201903 0.781 254.202 1.015
201906 0.845 256.143 1.089
201909 0.885 256.759 1.138
201912 0.911 256.974 1.171
202003 0.962 258.115 1.231
202006 0.823 257.797 1.054
202009 1.081 260.280 1.371
202012 1.264 260.474 1.602
202103 1.252 264.877 1.561
202106 1.434 271.696 1.743
202109 1.670 274.310 2.010
202112 1.951 278.802 2.311
202203 2.057 287.504 2.363
202206 2.347 296.311 2.616
202209 2.454 296.808 2.730
202212 2.415 296.797 2.687
202303 2.290 301.836 2.505
202306 2.351 305.109 2.544
202309 2.473 307.789 2.653
202312 2.679 306.746 2.884
202403 2.682 312.332 2.836
202406 2.828 314.175 2.972
202409 3.013 315.301 3.155
202412 3.259 315.605 3.410
202503 3.174 319.799 3.277
202506 3.364 322.561 3.444
202509 3.462 324.800 3.520
202512 3.716 324.054 3.787
202603 3.539 330.213 3.539

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of R$8.21 mean?
PagSeguro Digital (BSP:PAGS34) has a Cyclically Adjusted Revenue per Share of R$8.21 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on PagSeguro Digital and its competitors.
Is PagSeguro Digital's Cyclically Adjusted Revenue per Share too high?
PagSeguro Digital's current Cyclically Adjusted Revenue per Share is R$8.21. Overall, PagSeguro Digital has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PagSeguro Digital's Cyclically Adjusted Revenue per Share compare to ATEN and PAYO?
PagSeguro Digital's Cyclically Adjusted Revenue per Share of R$8.21 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on PagSeguro Digital and its competitors. PagSeguro Digital's current Cyclically Adjusted Revenue per Share is R$8.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PagSeguro Digital stock overvalued right now?
Based on GuruFocus' analysis, PagSeguro Digital (BSP:PAGS34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$12.01, compared to a current price of R$9.26 — trading 22.9% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$8.21. PagSeguro Digital's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For PagSeguro Digital (BSP:PAGS34), the current Cyclically Adjusted Revenue per Share is R$8.21 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PagSeguro Digital (BSP:PAGS34) Overvalued in 2026?

Based on GuruFocus' analysis, PagSeguro Digital stock appears to be undervalued. The current stock price of R$9.26 is trading 22.9% below its estimated GF Value™ of R$12.01. GuruFocus considers PagSeguro Digital to be Modestly Undervalued.

Key valuation signals for BSP:PAGS34:

  • Cyclically Adjusted Revenue per Share: R$8.21
  • GF Value™: R$12.01 vs. price of R$9.26 (22.9% below fair value)
  • GF Score™: 86/100 with 4 warning signs

No single metric tells the full story. See the BSP:PAGS34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PagSeguro Digital Business Description

Other Exchanges PAGS:USA1JY:Germany
Address Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, CYM, KY1-1111
PagSeguro Digital Ltd is a Brazilian-based company that acts as a provider of financial technology solutions focused on Micro-Merchants, Small Companies and Medium-Sized Companies (SMEs), in Brazil. The company provides a range of solutions and tools such as cash-in and cash-out options and provides access to working capital to help to manage its cash flow. It delivers an end-to-end digital ecosystem to address day-to-day financial needs, including receiving and spending funds and managing and growing businesses for clients. The company also offers the Free PagSeguro Digital Account delivering Cash-In Solutions, Online and In-Person Payment Tools, Online Payment Tools; and Web Check Outs offer tokenization, handling of shipping information, and others.
86GF Score

Get the complete analysis for BSP:PAGS34

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$9.26
Price
R$12.01
GF Value